 |
|
MD speeds off with
tyre specialist
The Deeside-based commercial tyre operation of a car tyre and battery specialist has been bought by its managing director.
The acquired business will now trade as Tyremaster after Mike Carroll took control of the operation following a £320,000 deal.
The subsidiary was sold by Rhyl Tyre & Battery in a transaction backed by the Royal Bank of Scotland.
Tyremaster has 12 employees and will operate from the Deeside Industrial Estate and Gaerwen on Anglesey.
The company provides a commercial tyre breakdown service along the A55 corridor and the North Wales coast. Its clients include haulage chains as well as businesses in the agricultural and construction sectors.
Comments [0] 
Related content
M&A News
- The Capita Group acquires ABS Network Solutions Oct 13 2008
- Europe first to recover, says report Oct 13 2008
- Dramatic drop for Korean M&A Oct 10 2008
- Cashbox takes Cash4All Oct 10 2008
- Louche London acquires Joy Oct 09 2008
Other M&A Deals
- Close Brothers adds chemical
firm to portfolio Sep 03 2008 - REM Probe celebrates new windfall Oct 09 2008
- Cobham completes US deal Oct 02 2008
Special Offers
- 2008 AIM Guide: Jul 17 2007
- Growth Company Investor Magazine: Jul 17 2007
- Cash Shells 2007 - Research report Jul 17 2007
- Venture Capital Trusts Jul 04 2007
Business Diary
- M&A Expanding internationally 27th November
- Rosenblatt New Energy Awards 2009 25th February
- Business XL How to float on AIM 11th November